BRX Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Upgrades:
Brixmor Property Group (BRX) has seen positive analyst sentiment recently. Evercore ISI upgraded BRX from In-Line to Outperform with a price target of $31, reflecting confidence in the stock's potential. Truist Financial maintained a Buy rating with a $30 target, further supporting bullish sentiment. However, insider activity indicates negative sentiment, with 34 insiders selling shares, which may signal caution.
Technical Indicators:
- RSI (6-period): 30.43, suggesting BRX is oversold and due for a potential rebound.
- MACD: Slightly positive, indicating weak upward momentum.
- Bollinger Bands: The stock is near the lower band, suggesting undervaluation.
- Fibonacci Levels: Pivot at $27.35, resistance at $28.06, and support at $26.65.
Price Prediction and Recommendation:
Given the oversold RSI and analyst upgrades, BRX may see a short-term rebound. Predicting a target price of $27.50 for the next trading week. The technical setup and analyst sentiment suggest a BUY recommendation, but caution is advised due to insider selling activity.
BRX Similar Chart Price Prediction
The price of BRX is predicted to go up 10.12%, based on the high correlation periods with BLX. The similarity of these two price pattern on the periods is 95.03%.
BRX
BLX
Up: 10.12%Similarity: 95.03%
BRX Revenue Forecast
BRX EPS Forecast
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BRX Analyst's Forecast
Linda Tsai
Jefferies
Hold → Strong Buy
2025-02-14
Price Target
$28 → $33
Upside
+18.92%
Jefferies analyst Linda Tsai upgraded Brixmor to Buy from Hold with a price target of $33, up from $28. Brixmor's risk/reward is compelling given its "inexpensive" valuation, conservative guidance, and "sustained growth runway, "given the sub-sector's lowest in-place rents, leasing execution, and retailer demand for space, the analyst tells investors in a research note. The firm views the shares as a "compelling 2025 GARP opportunity."
Samir Khanal
Evercore ISI Group
Hold → Buy
2025-02-11
Price Target
$31
Upside
+13.89%
Simon Yarmak
Stifel
Hold
2025-02-11
Price Target
$32 → $31
Upside
+12.61%
